Ivory Coast has successfully repaid 1.74 trillion CFA francs to France as part of the Debt Reduction and Development Contract (C2D), marking a significant milestone in its economic cooperation with Paris.
The announcement came during a high-level review meeting held on Friday, 11 April 2025, at the Prime Minister’s Office in Abidjan, chaired by Prime Minister Robert Mambé.
Out of the total 1.902 trillion CFA francs covered by the C2D agreement, the Ivorian government has already reimbursed 1.740 trillion, according to Finance and Budget Minister Adama Coulibaly.
He assured that the state still has enough liquidity to sustain ongoing projects under the programme.
“There remains sufficient treasury to continue C2D activities without the State needing to make further repayments,” Coulibaly said, adding that a new agreement will allow for the rescheduling of the remaining payments originally set for April and October, now pushed to 2026 and 2027.
Prime Minister Mambé lauded the enduring cooperation between Abidjan and Paris, highlighting the commitment and collaboration that made the progress possible.
“This result was achieved thanks to the goodwill of both parties and the close coordination between the project management teams,” he stated.
He also praised the thorough assessments carried out during the French delegation’s visit to Abidjan, expressing hope that upcoming impact studies will “highlight the quality of what the C2D brings to the Ivorian people.”
The C2D programme, a flagship of Franco-Ivorian partnership, has helped implement large-scale development initiatives in nine sectors, including health, education, transportation, and justice.
Projects are expected to continue until 2030.
Williams Ross, a member of the visiting French delegation, echoed Mambé’s optimism, commending the country’s ability to drive substantial investments while maintaining debt control.
“Ivory Coast impresses with its capacity to undertake massive investments while keeping its debt in check,” he said.
The meeting also addressed the need to sustain C2D’s achievements, particularly the upkeep of infrastructure and the training of public sector personnel—key to ensuring long-term benefits from the programme.
